Kraken is set to launch the Aethir native token, ATH, along with the popular meme coin Apu Apustaja on November 12 at 14:00 UTC. This dual listing highlights the growing interest in innovative cryptocurrencies, particularly in the meme coin sector.
The Aethir token has experienced a significant price surge of 17.14% in the past 24 hours, driven by Kraken's announcement. Currently trading at $0.07, Aethir boasts a market cap exceeding $280 million and a fully diluted valuation of $2.9 billion. The token serves as a vital component in Aethir's decentralized cloud infrastructure, enabling users to rent GPU resources for AI and cloud gaming.
In contrast, the Apu Apustaja meme coin has seen a slight decline, trading at $0.000982 with a market cap of $326 million. Originally launched on the Ethereum blockchain in March 2024, Apu Apustaja has gained traction within the meme coin community.
As Kraken prepares for this launch, it continues to expand its offerings, with 17 new listings on the horizon, including additional meme coins like GOAT and NEIRO. This trend underscores the increasing global appetite for diverse cryptocurrency options.